Episodes

On today's show, Ben Carlson and Michael Batnick are joined by Alex Morris, President and Chief Investment Officer of F/m Investments to discuss what duration, maturity, and convexity mean to a bond, the psychology of bond bear markets, why TIPS did not perform as expected in 2022, differences between yield to maturity and the 30-day SEC yield, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant InvestorFeel free to s...

On episode 360 of Animal Spirits, Michael Batnick and Ben Carlson discuss: pullbacks in bull markets, the legend of Jim Simons, if 401(k)s were a mistake, what a car says about its driver, hotel movies vs airplane movies, and much more!This episode is brought to you by YCharts and Fabric by Gerber Life.YCharts is always one step ahead of the game with free resources and this time is no different. Check out their election guide and get 20% off your initial YCharts Professional subscription wh...

On today's show, Ben Carlson and Michael Batnick spoke with Matt Kaufman, SVP and Head of ETFs at Calamos Investments to discuss: why embedding options within ETF wrappers has gotten so popular, how Calamos structures protection ETFs, why timing can matter with structured protection ETFs, demographic tailwinds for structured protection products, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant InvestorFeel free to ...

On episode 359 of Animal Spirits, Michael Batnick and Ben Carlson discuss: the suffocating bull market, the other side of government debt, Jerry Seinfeld on when money changed everything, consumers are finally fighting back against inflation, Wall Street translations, who is buying Bitcoin ETFs, the bear case against housing and much more!This episode is brought to you by Simplify. Simplify Your Access to Alternative ETFs. Visit https://www.simplify.us/ to learn more.Sign up for The Compound...

On today's show, Ben Carlson and Michael Batnick are joined by Christopher Jensen, Director of Digital Assets Research for Franklin's Digital Asset Investment Strategies Group to discuss, the resiliency of Bitcoin, the global casino vs global computer use-case theories, understanding the Bitcoin halving, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant InvestorFeel free to shoot us an email at animalspirits@thecomp...

On episode 358 of Animal Spirits, Michael Batnick and Ben Carlson discuss: Michael vs. StubHub, inflation at Disney is undefeated, 30 years of stock market returns, the bond market correction rolls on, ARKK is finally seeing an exodus, corporations are taking advantage of consumers, the biggest AI winners, the new normal of housing prices, and much more!This episode is brought to you by YCharts. Check out the Report Builder for yourself and click the link in the show notes to get 20% off your ...

On today's show, Ben Carlson and Michael Batnick are joined by Eric Metz, President, and Chief Investment Officer of SpiderRock Advisors to discuss, the pending acquisition by BlackRock, covered call performance in a bull market, tax benefits when utilizing options, what's driving option-overlay growth in todays market, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant InvestorFeel free to shoot us an email at anima...

On episode 357 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the stock market needed a correction, why the 1990s is an outlier (in more ways than one), economic growth is a policy choice, Gen Z is doing better than you think, living in the U.S. vs. Europe, the number of households with a paid off mortgage, the renovation boom, and much more!This episode is brought to you by Franklin Templeton. To learn more about the Franklin High Yield Corporate ETF (FLHY) visit: https://www...

On today's show, we are joined by Anupam Ghose, Managing Partner at System Two Advisors to discuss: why the China story is different than the India of today, India's macro tailwinds, how GDP growth translates to higher stock prices, risks involved when investing in India, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant InvestorFeel free to shoot us an email at animalspirits@thecompoundnews.com with any feedback, q...

On episode 356 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the stock market isn't down more, why the price of oil isn't up more, improvements in investor behavior, the auto insurance crisis, why home insurance is rising, why rich people don't feel rich, millennials and boomers powering the economy, higher for longer mortgage rates, customer service nightmares, and much more!This episode is brought to you by YCharts. Grab your copy of the Quarterly Economic Update Slide Deck...

On today's show, we spoke with Ed Egilinsky, Managing Director, Head of Alternatives, and Head of Sales and Distribution at Direxion to discuss: flows into bullish and bearish levered funds, diversifying away from large-cap tech, utilizing the Nasdaq equal-weight ETF, the appropriate time period to hold leveraged products, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant InvestorFeel free to shoot us an email at an...

On episode 355 of Animal Spirits, Michael Batnick and Ben Carlson discuss: how we prioritize our spending, 1987 vs. the Covid Crash, crazy index fund flows, stock market concentration, panic about government debt, the tech recession in California, will millennials move to Florida in retirement, the most streamed shows, and much more!This episode is brought to you by Pacer ETFs and Fabric by Gerber Life.To learn more about the COWG and CAFG ETFs, visit: https://www.paceretfs.com/Join the tho...

On today's show, we are joined by Rahul Sharma, Portfolio Manager and Executive Director of Schafer Cullen Capital Management to discuss: China's effect on Emerging Markets, avoiding value-traps in EM, strong macro trends in India, passive vs. active management in Emerging Markets, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant InvestorFeel free to shoot us an email at animalspirits@thecompoundnews.com with any f...

On episode 354 of Animal Spirits, Michael Batnick and Ben Carlson discuss: inflation helping corporate profits, what's going on with chocolate, airport traffic hitting all-time highs, the new Robinhood credit card, the downfall of Jack Daniels, and much more!This episode is brought to you by YCharts and Kraneshares.Join thousands of users who rely on YCharts to easily answer those questions and much more by leveraging personalized proposal reports to truly showcase your value add. To learn m...

On today's show, Ben Carlson and Michael Batnick are joined again by Jason Barsema, Co-Founder and President of Halo Investing to discuss: investing in notes structured around single stocks, the difference between hard and soft protection, what the Catapult Note is, Halo's annuity and annuity servicing capabilities for advisors, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant InvestorFeel free to shoot us an email...

On episode 353 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the elements are in place for a boom-time decade, why household allocations to stocks were so low in the past, how to lie with statistics, who keeps buying Treasury bonds, picking the AI winners in the stock market, some good news for homebuyers, and much more!This episode is brought to you by TBIL and the US Benchmark Series. To learn more, visit: https://www.ustreasuryetf.com/Sign up for The Compound newsletter ...

On this episode, Ben Carlson and Michael Batnick are joined by Jonathan Shelon, Chief Operating Officer of KraneShares to discuss: an economic update on China, China's buyer of last resort, what happened in Chinese real estate, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant InvestorFeel free to shoot us an email at animalspirits@thecompoundnews.com with any feedback, questions, recommendations, or ideas for futur...

On this episode, Ben Carlson and Michael Batnick are joined by Corey Hoffstein of Newfound Research to discuss: managed futures, return stacking, using leverage effectively, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant InvestorFeel free to shoot us an email at animalspirits@thecompoundnews.com with any feedback, questions, recommendations, or ideas for future topics of conversation.Check out the latest in fin...

On episode 352 of Animal Spirits, Michael Batnick and Ben Carlson discuss: thoughts on Italy, consumers wall of cash, inflation at the grocery store, real estate agent commissions in trouble, the best airplane movie of all time, thoughts on Dune 2, and much more!Thanks to YCharts and Fabric for sponsoring this episode.Get 20% off your initial YCharts Professional subscription when you start your free YCharts trial through Animal Spirits (new customers only): https://ycharts.com/Join the tho...

On today's show, Ben Carlson and Michael Batnick are joined by Ryan McCormack, Factor and Core Equity Strategist and Paul Schroeder, QQQ Equity Product Strategist at Invesco to discuss: the creation of the Nasdaq 100, where the QQQ ticker comes from, the Nasdaq 100 special rebalance in 2023, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant InvestorFeel free to shoot us an email at animalspirits@thecompoundnews.com ...

On episode 351 of Animal Spirits, Michael Batnick and Ben Carlson discuss: one of the most resilient stock rallies ever, money market funds vs. crypto, Americans are rich, the stock market has always been concentrated, inflation at the grocery store, the biggest reason the Fed needs to cut rates, some good news for first-time homebuyers, and much more!Thanks to the Texas Small Cap Equity Index ETF ($TXSS) for sponsoring this episode. Learn more at: https://www.texascapitalbank.com/etf-funds-ma...

On today's show, Ben Carlson and Michael Batnick are joined by Chris Kuiper, Director of Research, and Matt Horne, Head of Business Development for Fidelity Digital Asset Management to discuss: the new Bitcoin ETFs, how much news is priced into Bitcoin price, what the Bitcoin halving is, how crypto and macro economics fit together, institutional adoption of Bitcoin, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant I...

On episode 350 of Animal Spirits, Michael Batnick and Ben Carlson discuss: why the markets continue moving higher, why buy & hold is the best (and worst) strategy, how 401(k)s impact the stock market, billionaires can't complain about inflation, consumers keep consuming, the richest generation in history, crypto just won't die, why we keep seeing so many booms & busts, the best new show of 2024 and much more.Thanks to YCharts for sponsoring this episode. Check out their new Attribution Analysi...

On today's show, Ben Carlson and Michael Batnick are joined by Jacob Miller, Co-Founder of Opto Investments to discuss: how difficult it is for RIAs to get private market exposure, the growth of private credit, and why that may be an issue, Opto's screening process for private investments, and much more!Find complete show notes on our blogs...Ben Carlson’s A Wealth of Common SenseMichael Batnick’s The Irrelevant InvestorFeel free to shoot us an email at animalspirits@thecompoundnews.com wi...